While overall retail sales were unchanged in June, excluding the volatile components of food, gasoline, automobiles and building...

Federal Reserve Chairman Jerome Powell testified on Capitol Hill on Tuesday and Wednesday of this week, where he acknowledged that the...

At the ECB's Annual Forum in Sintra, Portugal, Federal Reserve Chairman Jerome Powell said that prices appear to be resuming a...

The core personal consumption expenditures price index (PCE), the Federal Reserve's preferred measure, rose just 0.1% from the previous...

The Congressional Budget Office (CBO) substantially revised upward its estimate of the U.S. budget deficit for 2024, raising it to $1.9...

Shortly before the Federal Open Market Committee met on Wednesday to set interest rates, data were released showing that U.S. consumer...

Friday's employment report showed an increase of 272,000 jobs in May, well above the consensus forecast of a 180,000 increase and...

A sense of relief swept through the markets following the release of the Federal Reserve's preferred measure of inflation, the core...

The corporate earnings season is coming to an end with 96% of the companies in the S&P 500 index having already reported their results,...

The S&P 500 index, Nasdaq and Dow Jones reached record levels this week. The Dow surpassed the 40,000 level for the first time. Consumer...

On Monday, New York Fed President and FOMC Vice Chair John Williams, one of the most influential committee members, said that...

The Federal Open Market Committee met on Wednesday, and markets were expecting a more conservative approach due to inflation concerns....

Yields on 10-year Treasuries hit a high of 4.735% after the underlying personal consumption expenditures price index rose 3.7% in the...

Existing home sales in the U.S. fell 4.3% month-over-month in March as mortgage rates rose to 7.1%. Also, new residential construction...

After three higher-than-expected CPI indices, investors recalibrated their expectations for rate cuts, projecting fewer reductions....

Investors await comments from the Federal Reserve and key economic data such as Personal Consumption Expenditures (PCE) in this...

The Federal Reserve held the federal funds rate in the 5.25% to 5.50% range at this week's Federal Open Market Committee meeting, but...

The CPI report showed that the super core measure (basic services excluding housing) increased by 0.47%, too high, although an...

This week Jerome Powell, chairman of the Federal Reserve, gave his semi-annual testimony in front of U.S. lawmakers. In it, Powell said...

The week saw the release of revised U.S. Gross Domestic Product (GDP) data which came in at 3.2%, down 0.1% from a month ago. However,...